Sturm, Ruger & Company, Inc. (NYSE: RGR) today announced, in connection with the Board refreshment process initiated several years ago, the appointment of Aaron Rivers, Stephen Timm and Lorin Cassidy Wolfe to the Company’s Board of Directors.
Concurrently, Sandra Froman, Christopher Killoy and Rebecca Halstead have retired from the Board. In addition, as previously disclosed, Ronald Whitaker does not plan to stand for re-election at the Company’s 2026 annual meeting.
Previously, the Board appointed Todd Seyfert as President and Chief Executive Officer, effective March 1, 2025, and elected him to the Board in connection with that appointment. As part of the refreshment, the Board also appointed Bruce Pettet, longtime CEO of Leupold & Stevens, as an independent director, effective June 19, 2025.
As of the annual meeting the Board will comprise nine directors, eight of whom are independent and five of whom have joined within the past year. Board leadership remains John Cosentino, Chairman, Phil Widman, Vice Chairman, and Amir Rosenthal, Chairman of the Audit Committee.
As disclosed in the Company’s 2025 proxy statement, the Ruger Board of Directors has been thoughtfully executing a Board refreshment strategy designed to strengthen the Board by adding directors whose skills, executive management experience and complementary perspectives enhance oversight and position the Company to execute its long-term strategy and create shareholder value.
RGR shares gave back 48 cents, or 1.3%, to $38.00.
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